FOR IMMEDIATE RELEASE
ICBA Securities Celebrates 20th Anniversary
Orlando, Fla. (March 2, 2008)—ICBA Securities, the institutional broker/dealer of the Independent Community Bankers of America (ICBA), commemorates 20 years of community banker-directed brokerage service at the annual ICBA National Convention & Techworld held in Orlando, Fla. this week.
"ICBA Securities was established to meet a need among community banks that we identified twenty years ago," said Marti Rodamaker, chairman of ICBA Securities. "Investment products were getting increasingly complex, and many community bankers were looking for a fair and honest broker-dealer with community banking's interests in mind. We're delighted to continue that mission today."
The product offerings of ICBA Securities have expanded to include a Capital Markets division to assist community banks in raising capital through debt and equity offerings, and to offer advice on mergers and acquisitions. ICBA Securities' Capital Markets Division is administered through an agreement with Howe Barnes Hoefer & Arnett, a Chicago-based investment bank.
"We expect to transact business with our 3,000th customer in the coming year," said Jim Reber, ICBA Securities president and CEO. "In addition to our full suite of high-quality investment offerings, ICBA Securities offers a year-long calendar of educational events developed for the typical community bank portfolio manager."
"On behalf of ICBA, I'd like to congratulate Jim and the entire ICBA Securities team and board as they celebrate their 20th anniversary," said Gary Teagno, president and CEO of the ICBA Services Network. "We look forward to many more anniversaries to come."
Learn more about ICBA Securities at www.icbasecurities.com.
About ICBA Securities
ICBA Securities Inc. is the member-directed securities broker/dealer of the Independent Community Bankers of America (ICBA). ICBA Securities provides community banks with quality bank portfolio investment products, services and educational programs. For more information, visit www.icbasecurities.com.